Dammam: Work is under way to complete the Gulf rail project, which is currently in the design stage, said Minister of Transport and Chairman of the Board of the Saudi Ports Authority Abdullah Al-Moqbil.
GCC ministers of transport are closely following up on developments of the project and are working to eliminate any obstacles to the project which is designed to serve the inhabitants of the region, he said.
Petroleum and Mineral Resources Minister Ali Al-Naimi.Singapore: Oil demand in Asia is strong and Saudi Arabia is ready to supply any more crude needed, Petroleum and Mineral Resources Minister Ali Al-Naimi said during a visit to China, as the Kingdom aims to maintain its market share.
Petroleum and Mineral Resources Minister Ali Al-Naimi had told officials in Beijing the Kingdom was ready to supply China with additional oil if required, SPA reported.
On Tuesday, he reiterated that message and said while a roughly 50 percent drop in global oil prices since June last year had